Public Joint Stock Company Severstal: Severstal showcases effective solutions at ADIPEC in Abu Dhabi | Market Screener

2021-12-14 15:17:43 By : Ms. Joyce Chen

Severstal showcases effective solutions at ADIPEC in Abu Dhabi on November 17, 2021

Severstal is one of the world's leading steel and steel-related mining companies. It will participate in ADIPEC for the second time, which is the largest international energy professional exhibition. The exhibition will be held in Abu Dhabi, UAE from November 15 to 18, 2021. Held. The company provides innovative products and comprehensive supply solutions for customers engaged in oil and gas extraction, transportation and processing.

Severstal showcased large diameter pipes (LSAW) for oil and gas pipelines, such as special purpose products designed for operation under non-standard conditions. These include LSAW made of steel grades that can prolong the service life of pipelines in acidic environments, and LSAW with high strain capacity for gas transmission sections in seismically unstable areas.

Since 2018, Severstal has significantly increased LSAW exports to the international market. In the past two years, customers have purchased pipelines for projects in Egypt, the United States, Bangladesh, the United Kingdom, Peru, Bulgaria, Brazil and other regions, and the export volume has more than tripled since 2019. Since 2018, the company has passed 36 qualifications from leading market participants, including ADNOC, EGPC, Petrojet and GASCO. Severstal is also developing relationships with its Middle East partners and intends to start supplying products to the region in the near future.

Severstal has an annual and onshore oil and gas pipeline production capacity of approximately 600,000 tons of LSAW. The company provides a complete production cycle, so it can adjust products according to individual customer requirements and control product quality throughout the production chain.

Dmitry Goroshkov, Director of Sales and Business Development for the Energy Department of AO Severstal Management said:

"Projects in the Middle East and North Africa countries are often highly specialized and require the highest level of technology. Pipelines must be able to withstand a large temperature range and have a specific safety margin. We have experience in implementing such projects. Severstal continues We have achieved great success by developing other measures to protect our pipeline products."

Severstal has successfully completed many projects in Europe that required a customized approach (Turkstream and Poland-Slovak gas interconnector). For Turkstream, the company has supplied 260,000 tons of LSAW for the offshore section. In the production process of these pipelines, the company complied with the higher requirements of pipeline geometry and implemented solutions to reduce project costs. More than 11,500 tons of 18 m LSAW have been supplied to the Polish-Slovak gas interconnector. Using longer pipelines can reduce pipeline construction costs and increase its reliability and efficiency. To complete the delivery of the project, Severstal adopted a multimodal logistics solution, including road, sea and rail transportation.

By meeting unique requirements and providing cost-effective solutions, Severstal helps oil and gas companies implement challenging projects around the world.

OAO Severstal published this content on November 17, 2021, and is solely responsible for the information contained in it. Distributed by the public at 08:56:01, November 17, 2021, UTC time, unedited and unaltered.